About Extra Space
Extra Space is a company based in Salt Lake City (United States) founded in 1977.. The company has 8,010 employees as of December 31, 2024. Extra Space has completed 4 acquisitions, including LifeStorage, Lock It Lockers Self Storage and STORAGE EXPRESS. Extra Space operates in a competitive market with competitors including Zillow Group, RE/MAX, Douglas Elliman, Realogy and Lincoln Property Company, among others.
- Headquarter Salt Lake City, United States
- Employees 8010 as on 31 Dec, 2024
- Stage Public
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Sectors
Real Estate & Construction
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Extra Space Storage Inc.
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Annual Revenue
$3.26 B27.21as on Dec 31, 2024
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Net Profit
$853.19 M6.39as on Dec 31, 2024
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EBITDA
$2.16 B23.82as on Dec 31, 2024
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Latest Funding Round
$7.22 M (USD), Post-IPO
Nov 13, 2015
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Investors
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Employee Count
8010
as on Dec 31, 2024
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Investments & Acquisitions
LifeStorage
& 3 more
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IPO & Listings of Extra Space
Extra Space is a publicly listed company on the NYSE with ticker symbol EXR in USA, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Funding Insights of Extra Space
- Total Funding Total Funding
- Total Rounds 11
- Last Round Post-IPO — $7.2M
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First Round
First Round
(01 Jul 2005)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2015 | Amount | Post-IPO - Extra Space | Valuation |
investors |
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| Oct, 2015 | Amount | Post-IPO - Extra Space | Valuation |
investors |
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| Jun, 2015 | Amount | Post-IPO - Extra Space | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Extra Space
Extra Space has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include LifeStorage, Lock It Lockers Self Storage and STORAGE EXPRESS. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Self-storage units and services are provided for diverse needs.
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2008 | ||||
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Storage facilities are provided and managed in the United States.
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1990 | ||||
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REIT that invests in residential and commercial self-storage properties throughout the United States
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1982 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Extra Space
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Extra Space Comparisons
Competitors of Extra Space
Extra Space operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Zillow Group, RE/MAX, Douglas Elliman, Realogy and Lincoln Property Company, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Portfolio of real estate and home-related brands is operated online.
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| domain | founded_year | HQ Location |
Global brokerage services are facilitated through a franchised agent network.
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| domain | founded_year | HQ Location |
Provider of real estate brokerage services for buying and selling residential & commercial property
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| domain | founded_year | HQ Location |
Real estate brokerage franchising is operated under multiple brands worldwide.
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| domain | founded_year | HQ Location |
Lincoln Property Company is engaged in commercial real estate services and investment globally.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Extra Space
Frequently Asked Questions about Extra Space
When was Extra Space founded?
Extra Space was founded in 1977 and raised its 1st funding round 28 years after it was founded.
Where is Extra Space located?
Extra Space is headquartered in Salt Lake City, United States. It is registered at Salt Lake City, Utah, United States.
How many employees does Extra Space have?
As of Dec 31, 2024, the latest employee count at Extra Space is 8,010.
What is the annual revenue of Extra Space?
Annual revenue of Extra Space is $3.26B as on Dec 31, 2024.
What does Extra Space do?
Extra Space Storage was founded in 1977 in Salt Lake City, United States, as a self-administered real estate investment trust in the self-storage sector. Operations encompass property management, acquisition and development, rental activities, and tenant reinsurance across the United States. In 2022, revenues of 1.98 billion were recorded, alongside net profits of 0.85 billion.
Who are the top competitors of Extra Space?
Extra Space's top competitors include Zillow Group, Douglas Elliman and RE/MAX.
Is Extra Space publicly traded?
Yes, Extra Space is publicly traded on NYSE under the ticker symbol EXR.
How many acquisitions has Extra Space made?
Extra Space has made 4 acquisitions, including LifeStorage, Lock It Lockers Self Storage, and STORAGE EXPRESS.
What is Extra Space's ticker symbol?
The ticker symbol of Extra Space is EXR on NYSE.
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